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Use the following information to answer the question(s) below
Assume that the risk-free rate of interest is 3% and you estimate the market's expected return to be 9%.
-Which firm has the least market risk?
Cash Short
A situation where the actual amount of cash on hand is less than the recorded amount in the accounting records.
Journal Entry
An accounting record of a business transaction, indicating the financial effects on the company's accounts.
Petty Cash
A small amount of cash on hand used for covering minor expenses in a business, such as office supplies or postage.
Accounts Receivable
Outstanding payments that clients are obligated to pay a company for received goods or services.
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